EPF / PF Calculator

The 12% employer contribution is statutorily routed across two funds and two charges. 8.33% (capped) goes to the Employee Pension Scheme. The remainder is EPF. EDLI provides life insurance, and the admin charge funds the EPFO. Only the EPF portion is the worker's retrievable PF balance with interest.

Either is permitted. Most large employers contribute on full PF wages to grow the worker's corpus and as a benefit. Some employers cap at ₹15,000 to limit cost. The toggle in the calculator shows both views. EPS is always capped at ₹1,250 regardless.

Employees' Deposit Linked Insurance, a group life insurance scheme. The employer contributes 0.5% of capped wages (₹75 maximum per month). On death of the member while in service, dependents get a lump sum of up to ₹7 lakhs.

By the 15th of the next month. Late deposit attracts simple interest at 12% per annum under Section 7Q, plus damages of 5-25% under Section 14B. The employer also loses the income-tax deduction for any employee share they withheld but did not deposit.

For "covered" employees (those with PF wages up to ₹15,000 on joining), PF is mandatory. Above the ceiling, joining is voluntary but rarely declined as the 8.33% employer pension share is forgone otherwise. Once in, the employee remains in until separation.

The Central Board of Trustees (CBT) declares the rate annually after consulting the Finance Ministry. Historically 8-8.5%. The interest is credited to the EPF account at year end. EPS does not earn interest; it converts to a pension at retirement.

Yes, in specific circumstances: unemployment for 2+ months (100% withdrawal), marriage / house purchase / medical (partial), illness (partial), education (partial). The withdrawal is taxable if service is under 5 years; tax-free thereafter.

Universal Account Number, a 12-digit identifier from EPFO that stays with the employee for life across employers. Required for all PF members. Multiple PF accounts (one per employer) link under one UAN, so transfers are automatic when KYC is seeded.

Yes. International Workers (IWs) employed in India must be enrolled in PF without the ₹15,000 wage ceiling. Bilateral Social Security Agreements (SSA) with certain countries allow exemption with a Certificate of Coverage from the home country.

EPF withdrawal is tax-free if continuous service is 5+ years. Under 5 years, the employer contribution + interest is taxable as salary, and the employee contribution + interest may be taxable. Form 15G/15H can avoid TDS for low-income members.